Ribbon Finance Officially Launches Ribbon Treasury

TokenInsight news, structured product options protocol Ribbon Finance officially launched Ribbon Treasury on mainnet — a product for DAOs/treasuries to generate income on their assets by selling options. Its first partner is Perpetual Protocol. However, Ribbon kept access to Ribbon Treasury to early partners for now. Ribbon will continue to announce more partners of Ribbon Treasury over the upcoming months. For each new customer, Ribbon takes a 10% fee on yield generated which goes directly to the Ribbon DAO. In addition, Ribbon Treasury will run custom policies for each DAO.